NEW YORK (TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk on the Street" Wednesday:

Cramer said that Weatherford International (WFT) has been getting a lot of upgrades recently but the company remains one of the worst oil-service companies out there. "Be careful," he advised. Cramer was more upbeat, however, on Harley Davidson (HOG) , saying that the company continues to deliver on its promises.

Weatherford closed the day down 0.66% while Harley Davidson closed up 0.31%.

Edwards Lifesciences (EW) has been one of the big losers, said Cramer, as its new treatments are not finding many patients. Conversely, drugmaker Baxter (BAX) remains one of the best fiscal cliff stocks, said Cramer.

Edwards Lifesciences closed down 2.5% while Baxter closed down 1.4%.

Cramer was skeptical of Jack In The Box (JACK) , a stock that had been a lot higher, and said he prefers Home Depot (HD) over rival Lowes (LOW) , which reports next week.

Jack In The Box closed down 0.5%. Home Depot closed down 3%.

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